Germany, the laggard among the Group of Seven (G7) industrialized nations when it comes to economic performance, is showing no signs of redeeming itself according to the latest data released by the Federal Statistical Office on Tuesday. The country’s gross national product (GDP) showed a preliminary 0.1% decline in the second quarter compared to the first quarter, and inflation ticked back up in July as well. Consumer prices were 2.3% higher than in the same month a year ago, compared to an annual 2.2% rise seen in June, the data showed. The June figure had represented a downward trend after M…